| | Business Summary | | Astec
Industries,
Inc.
designs,
engineers,
manufactures,
markets
and
finances
equipment
and
components
used
primarily
in
road
building
and
related
construction
activities.
The
Company's
products
are
used
in
each
phase
of
road
building,
from
quarrying
and
crushing
the
aggregate
to
application
of
the
road
surface.
In
addition,
the
Company
is
a
partner
in
a
joint
venture
that
makes
testing
and
sampling
equipment
for
the
asphalt
mix
and
aggregate
processing
industries.
The
Company
also
manufactures
certain
equipment
and
components
unrelated
to
road
construction,
including
trenching,
auger
boring,
directional
drilling,
environmental
remediation
and
industrial
heat
transfer
equipment.
In
addition
to
plant
and
equipment
sales,
the
Company
manufactures
and
sells
replacement
parts
for
equipment
in
each
of
its
product
lines.
The
distribution
and
sale
of
replacement
parts
is
an
integral
part
of
the
Company's
business. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Astec
Industries,
Inc.
designs,
engineers,
manufactures,
finances
and
markets
equipment
and
components
used
primarily
in
road
building
and
related
construction
activities.
For
the
six
months
ended
6/30/01,
revenues
fell
10%
to
$269.6
million.
Net
income
decreased
52%
to
$10.3
million.
Revenues
reflect
the
continued
delay
of
equipment
purchases
by
the
Company's
customers.
Earnings
also
reflect
competitive
price
pressure
and
lack
of
capacity
utilization. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| J. Don Brock, Ph.D., 62
Pres,
Chairman | $653K | F. McKamy Hall, 58
CFO,
VP, Treasurer, Controller | -- | Albert Guth, 61
Director;
Pres of Astec Financial Services, Inc. | -- | Richard Bethea, Jr., 48
Exec.
VP, Sec. | 342K | W. Norman Smith, 61
Group
VP-Asphalt | 313K | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/aste.gif)